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Deeptech x Equity Financing
Feb 6, 2024
Barry Bennett, founder of a deeptech company, shares his journey from dentistry aspirations to successful entrepreneurship in metallurgical engineering. He discusses the challenges of securing funding as a minority entrepreneur and compares traditional bank loans to venture capital. The conversation explores the evolution of his company's focus on infrastructure and the complexities of capital allocation options.
26:01
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Quick takeaways
- Transitioning from a registered engineer to entrepreneur requires leveraging personal connections and strategic financial planning.
- Venture capital offers market access and facilitates infrastructure projects, contrasting with banks' conservative lending practices.
Deep dives
Becoming an Entrepreneur in Metallurgy
The podcast delves into the journey of the speaker's father, who transitioned from being a registered professional engineer in metallurgy to an entrepreneur. He discussed his diverse experiences from working in different countries like Jamaica, the UK, and the US, highlighting his shift towards entrepreneurship after years of practicing in metallurgy. Despite initially aiming to become a dentist, he found his path in materials sciences and engineering, ultimately leading to establishing his own metallurgy company.
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